Post
Topic
Board Altcoin Discussion
Re: Passive income
by
Lordshiva
on 12/08/2021, 03:21:09 UTC

Yeah.

That's the drawback of it but most of the projects that are attaching their new projects to BNB/BSC is mainly because of the popularity of Binance.

And in that case, they don't think or realize its centralized network or they do but just ignores that fact and goes for a quick exposure because of the said network.

They are not caring about it since they wanted to have a quicker exposures of their project, BSC provides low transactions fees which commonly being look by traders and investors.

But likewise, the danger is there since binance already gained power over this industry, the after effect if ever that sudden things happened it will reflect and affect every assets/projects that are now working inside this chain. We also need to consider that before taking our steps picking project to support.
Yes surely it can happen and we have to be careful with the after effects because it can be negative as well. Binance has been on high and gained all the power.
Every one is interested in binance and BSC which provides such low transaction fees.
But in coming time may even better projects may come .